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Reply #19: Brown urging US to bolster dollar [View All]

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54anickel Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-17-04 04:02 PM
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19. Brown urging US to bolster dollar
http://news.bbc.co.uk/1/hi/business/4103639.stm

Gordon Brown is expected to warn world financial figures that the weak US dollar is hurting global economies when he begins a visit to America on Friday.

The chancellor is due to meet Federal Reserve Chairman Alan Greenspan, and officials from the US treasury, World Bank and International Monetary Fund.

He will urge the US to set a strategy to strengthen the dollar.

snip>

"He wants America to deal with its substantial trade and budget deficits and he's urging the US government to set a clear path for dealing with the dollar's slide."

President George Bush has said that this is now an economic priority and that he will deal with America's deficits.

more...

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